The management team at Madeira manufacturing company is considering the introduction of a new product. The fixed costs to begin production is $70,000. Since the technology is new, the variable costs are not known precisely, but it is thought that it will be uniformly distributed between $16 and $25. They plan to sell the product for $100 and the demand is best described by a normal distribution with a mean of 1800 and a standard deviation of 400. Required:
a. Develop a what-if spreadsheet model computing profit for this product in the base-case, worst-case, and best-case scenarios.
b. Discuss why simulation would be appropriate for this situation. Would simulation be a preferable approach to analyze this situation? Why or why not?

United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.